The price of electricity fell 11% this Tuesday to 143.05 euros per MWh

This price is the result of adding the average of the auction in the wholesale market to the compensation to be paid for the application of the request to the combined cycle power plants. ‘Iberian exception’ Limiting the price of gas for electricity generation.

At auction, the average price of electricity on the wholesale market – the so-called ‘pool‘– stands at 100.16 euro/MWh this Tuesday. The maximum price will be recorded at 164 euro/MWh between 22:00 and 23:00, with a minimum of 21.01 euro/MWh for the day between 17:00 and 18:00.

42.89 Euro/MWh compensation to be paid to gas companies is added to this price of the ‘Pool’. consumer beneficiaries of the measureconsumers of the regulated rate (PVPC) or those who have an indexed rate despite being in the free market.

31.6% less

In the absence of the ‘Iberian exception’ mechanism that limits the price of gas for electricity generation, the price of electricity in Spain is on average about €209.23/MWhThis is more than the adjusted rate compensation for customers who pay more than 66.18 Euro/MWh, thus paying 31.6% less on average.

The ‘Iberian mechanism’, which came into force on June 15, limited the price of natural gas for Turkey. electricity generation an average of 48.8 euros per MWh over a twelve-month period, thus covering the coming winter, a period when energy prices are more expensive.

Specifically, the ‘Iberian exception’ specifies a way for natural gas to generate electricity. A price of 40 euro/MWh an increase of five Euro/MWh per month in the first six months and then until the end of the measure.